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3 Myths About California Climate Rule

California climate rule myths

California’s Climate Accountability Package (CAP)—made up of SB 253 (the Corporate Data Accountability Act) and SB 261 (the Climate-Related Financial Risk Act)—marks the first-of-its-kind climate disclosure mandate in the U.S. Despite its bold scope, several myths have sprung up around the rule. As a sustainability professional, it’s vital to know what’s real and what’s not. […]

Has the Anti-ESG Backlash Reached Its Peak?

A Look at ESG, DEI, and California’s Latest Climate Laws The world of Environmental, Social, and Governance (ESG) policies is at a crossroads, with growing signs that the backlash against ESG initiatives may be slowing. As lawsuits against anti-ESG policies emerge and companies continue to implement their ESG programs (albeit more quietly), many wonder whether […]

Navigating Towards Net Zero: The Superyacht Industry’s Journey

Navigating Towards Net Zero The Superyacht Industry's Journey

What is Net Zero? Net Zero refers to achieving a balance between the greenhouse gases emitted into the atmosphere and those removed from it. This equilibrium is reached through a mix of emission reductions and methods to absorb or offset remaining emissions, such as reforestation or carbon capture technologies. The primary aim of Net Zero […]

The Shifting Landscape of Climate Disclosures: SEC and California’s Impact on Businesses

Climate Disclosure

In 2024, the Securities and Exchange Commission (SEC) released a groundbreaking final rule on climate-related disclosures for businesses, sparking immediate legal challenges across multiple jurisdictions. Simultaneously, California passed its climate-related disclosure laws, SB 253 and SB 261, in 2023, and SB 1305, also facing legal scrutiny. These legislative moves represent significant shifts in regulatory landscapes […]